Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

MELCOR DEVELOPMENTS LTD (TSE:MRD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

TSE_MRD
Open High Low MRD Price Change
14.57 14.57 14.56 14.56 0.00
Entry Signal

MarketClub’s Trade Triangles for MRD

long term down The long term trend has been DOWN since Jul 5th, 2017 at 15.25

intermediate term down The intermediate term trend has been DOWN since Feb 1st, 2018 at 15.25

short term up The short term trend has been UP since Feb 12th, 2018 at 14.66

Smart Scan Analysis for MRD

Based on a pre-defined weighted trend formula for chart analysis, MRD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for MRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.57 14.57 14.56 14.56 0.00
Prev. Close Volume Bid Ask Time
14.98 900 2018-02-21 11:48:28
Year High15.72Year High Date2018-01-29
Year Low14.21Year Low Date2018-02-13
52wk High16.9952wk High Date2017-04-10
52wk Low1452wk Low Date2017-07-14
Year End Close15.75Average Volume3,391
Volatility19.69
Want to analyze MELCOR DEVELOPMENTS LTD MRD or another symbol? Try our Free Stock Trend Analysis Report.